Lincoln City

Quoted from Meza

David strikes me as someone who sits in his armchair all day.

To be fair to him, obsessive onanism can be very tiring.

Quoted from Yoda

Poor old David Frazier he is a mental patient.
I assume he is in Rampton hospital or he will be when they go bankrupt after another 4 million loss.

You don't seem a very popular figure Yoda, and unlike your username, I doubt you are drenched with wisdom.

We certainly won't go bankrupt as pointed out many times - They are shares, not repayable loans - Worst case scenario, money stops being put in to the club and we sell assets, which we clearly have - The academy is thriving too, hence we have players playing for the first team that have come through the Academy system. If that worst case scenario happened, then I suppose we would be like yourselves with a relatively small budget. There are very few teams now, L1 and above who don't overspend, those that don't, usually go down.

Whilst Football used to be cyclical, I am not sure it is as much now - Money talks in todays game - Unless you have some luck with a cup draw etc, and spend that money wisely. I hope Grimsby do improve, games between us now would be good and sell outs both ends - Even though we were beat Saturday by B'Ham, it was a great game and a great atmosphere. We are clearly in a false position but I would go so far as to say we are now a fully established L1 side, we facilities and infrastructure to match.

Hopefully Artell gets you moving up the league and realises that success is built from the back.

Quoted from nealeardleyscrossing

We certainly won't go bankrupt as pointed out many times - They are shares, not repayable loans - Worst case scenario, money stops being put in to the club and we sell assets, which we clearly have - The academy is thriving too, hence we have players playing for the first team that have come through the Academy system. If that worst case scenario happened, then I suppose we would be like yourselves with a relatively small budget. There are very few teams now, L1 and above who don't overspend, those that don't, usually go down.

Unfortunately no-one can be confident on this claim.  I include GTFC in that too.  We're both in that position that our owners or majority shareholders could decide to no longer plug the gap which absolutely screws us over.

The last I saw you were requiring £3million a year to plug that gap (the one you mention that stops you struggling at the wrong end of  League One).  If overnight you find that no-one is willing to put another £3million in can you raise £3million in player sales to cover costs for the next 12 months and then for as long as player contracts are running?   Sadly as soon as word gets out that a club is a skint everyone wants to undercut you, both clubs trying to get your assets at a knockdown price and then players/agents holding out on lucrative contracts or wanting a hefty percentage pay-off to rip them up.

The plugging of losses by shareholders/owners is the new ITV Digital.  Clubs didn't become skint overnight because they spunked the money on transfers, they became skint overnight because they issued 3-year contracts on an income stream that disappeared overnight.  Clubs still had to pay the wages but on reduced income, what they found was that a phenomenal cut of their budget was spent on those still on inflated contracts and they had to really cut their cloth just to bring in players to put a team out.

We gave 3-year contracts out between £6-8k a week based on the ITV Digital money.  Within a year we had to either give players a portion of their total owed to walkaway or just suck it up and pay it, knowing full well that it meant a huge percentage of our wage budget was eaten up by a small handful of players. Not a great look when you've got guys on that wage and you're trying to sign new players with an offer of £300 a week.

A stop in funding might not see you go bust, but it would be the death of your ambitions to even compete at that level.  Again, it's the same for us and whilst I recognise the need for investment it makes me a little nervous that at some point we won't have someone plugging our gap and I struggle to see a way in which we become self-sustainable.

Quoted from nealeardleyscrossing

You don't seem a very popular figure Yoda, and unlike your username, I doubt you are drenched with wisdom.

We certainly won't go bankrupt as pointed out many times - They are shares, not repayable loans - Worst case scenario, money stops being put in to the club and we sell assets, which we clearly have - The academy is thriving too, hence we have players playing for the first team that have come through the Academy system. If that worst case scenario happened, then I suppose we would be like yourselves with a relatively small budget. There are very few teams now, L1 and above who don't overspend, those that don't, usually go down.

Whilst Football used to be cyclical, I am not sure it is as much now - Money talks in todays game - Unless you have some luck with a cup draw etc, and spend that money wisely. I hope Grimsby do improve, games between us now would be good and sell outs both ends - Even though we were beat Saturday by B'Ham, it was a great game and a great atmosphere. We are clearly in a false position but I would go so far as to say we are now a fully established L1 side, we facilities and infrastructure to match.

Hopefully Artell gets you moving up the league and realises that success is built from the back.

Your club has made an operating loss of nearly £10m over the last 4 years. You have every chance of going bankrupt, what if your owners want their cash back? How are they going to get it? They will most likely sell all your available assets, which will generally mean a smaller budget, and with that, a tumbling down the leagues...

Quoted from diehardmariner

Unfortunately no-one can be confident on this claim.  I include GTFC in that too.  We're both in that position that our owners or majority shareholders could decide to no longer plug the gap which absolutely screws us over.

The last I saw you were requiring £3million a year to plug that gap (the one you mention that stops you struggling at the wrong end of  League One).  If overnight you find that no-one is willing to put another £3million in can you raise £3million in player sales to cover costs for the next 12 months and then for as long as player contracts are running?   Sadly as soon as word gets out that a club is a skint everyone wants to undercut you, both clubs trying to get your assets at a knockdown price and then players/agents holding out on lucrative contracts or wanting a hefty percentage pay-off to rip them up.

The plugging of losses by shareholders/owners is the new ITV Digital.  Clubs didn't become skint overnight because they spunked the money on transfers, they became skint overnight because they issued 3-year contracts on an income stream that disappeared overnight.  Clubs still had to pay the wages but on reduced income, what they found was that a phenomenal cut of their budget was spent on those still on inflated contracts and they had to really cut their cloth just to bring in players to put a team out.

We gave 3-year contracts out between £6-8k a week based on the ITV Digital money.  Within a year we had to either give players a portion of their total owed to walkaway or just suck it up and pay it, knowing full well that it meant a huge percentage of our wage budget was eaten up by a small handful of players. Not a great look when you've got guys on that wage and you're trying to sign new players with an offer of £300 a week.

A stop in funding might not see you go bust, but it would be the death of your ambitions to even compete at that level.  Again, it's the same for us and whilst I recognise the need for investment it makes me a little nervous that at some point we won't have someone plugging our gap and I struggle to see a way in which we become self-sustainable.

I agree with pretty much everything you have said - We would definitely struggle and be battling lower league football - That is why I am so pleased that all of the infrastructure with the stadium, pitch and training ground has been built/upgraded, as they are built to last - I also think a shout to our board and chief executive as they have the clubs interests at heart.

As for the teams worth - Hard to say but the lad in midfield will go for 7 figures - Burnley is the talk over here, We have a few others who would command decent fees too, such as the captain.

I know Yoda keeps quoting 3 million, seems a lot, but in the scheme of things at L1 that really isn't.

Quoted from SteffiMariner

Your club has made an operating loss of nearly £10m over the last 4 years. You have every chance of going bankrupt, what if your owners want their cash back? How are they going to get it? They will most likely sell all your available assets, which will generally mean a smaller budget, and with that, a tumbling down the leagues...

If they want their cash back, they would have to sell their shares.

You say tumbling down the leagues - Really, how do you survive then? Because commercially, crowd wise, we generate more income than Grimsby?

Does anybody make money or get it back from a football cĺub especially lower division clubs? Yes the owners could stop funding the losses then i suppose we have to " cut our cloth accordingley" however to Yoda ( who doesent read accounts its 3million not 4!) And anybody else they cant /wont suddenly take there money back/out the club because its EQUITY not loans they have so they have to sell there shares and a willing buyer has to be found .

Recently some US investors sold there shares to one of the owners of Gorilla Glue another multi million pound american company,i guess he will put money in soon.

We have a thriviing youth set up currently( this has been developed over the last few years and takes time to bear fruit),we have sold 2 players for approx £1million  this summer,our current midfielder Ethan Erathon will be sold
shortly for £1milion plus.
We also have interest (ie sell ons etc ) on 16players yes even Vernham when he gets fit!
Our club is in very capable hands and the owners with a fair wind want the stated aim of the championship will we get there i dont know but its time to be excited not worried and i trust these people who are successful in life.


Will gtfc join us soon ,maybe but you have to realise you need more financial help because sadly thats modern football SADLY.

Will you stop banging on about it being 3 million not 4 ffs . It’s a hefty loss either way , not something to be banging on about at every opportunity like it’s a positive 🤷🏼‍♂️

Can’t wait for daft Dave to talk us through tonight’s result

If my memory serves me correctly, some fans of a club up the A46 took the urine when we lost to clubs like Crawley